The Georgia Academy for Economic Development Inc

Analysis

The Georgia Academy for Economic Development Inc is a registered charity in United States, based in Adel, GA. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Georgia Academy for Economic Development Inc reported income of $90k and spending of $52k, leaving 42% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $82k to $90k (+9.6%), an average of +9.6% a year. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Georgia Academy for Economic Development Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within GA. Charities of a similar size with the same main cause include Wildcat Club ($90k), Eielson Spouses Club ($90k) and Latter-Day Saint Home Educators ($90k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 90% of the total. At year end it held assets of $569k against liabilities of $264, net assets of $569k.